BANKING ANALYTICS

Ranking of the Azerbaijani banking sector (ranking includes the information component of the banking sector, the main events of the world economy, the analytical review of the main indices of the banks which are being ranked)

Japan's foreign reserves hit record $1.02 trillion in March

Japan's foreign exchange reserves hit yet another record high of $1,015.59 billion at the end of March, after topping the $1 trillion mark for the first time ever in February, the Finance Ministry said Monday.( Kyodo )

The country's foreign reserves, the second largest in the world after China, expanded $7.61 billion from a month earlier for the 10th straight month. They also reached a record-high level for the ninth consecutive month.